HOW TO CREATE PAYPAL INDIA ACCOUNT

We all heard word Paypal many times, but most of the people have no idea about Paypal.

The first question that comes in every person’s mind is what is Paypal and second question how it works. In this article I will explain Paypal in detail and how it works.

Paypal in an international business website that allows users to pay and get paid online, safer and faster. Paypal was found on December 1998. Paypal can be used to send or receive payment, payment for online purchase of good and services. Paypal offers two types of accounts, Personal and Business. Basic Paypal accounts are free and most transactions are also free that include all purchases from Paypal acceptable merchants.

Creating an account with Paypal is absolutely free. Once you create your account with Paypal you can send and receive funds in your Paypal account, and withdraw your funds in many ways. You can link your bank account, when your bank account is linked to your Paypal account, you can transfer your Paypal funds to your bank account.

Advantages of Paypal:

Paypal provides better security against online frauds.

Paypal offers fast transaction experience and saves valuable time.

Paypal allows you to send money abroad.

Paypal team offers fast resolution to all problems.

Now I am going to explain the process of Sign up for an Individual account with Paypal, follow the above steps to create your own Paypal account within few minutes.

1. Go to Paypal homepage, and click on the blue Sign Up button in the upper right corner of the Paypal home page window.

PayPal Homepage

2. Select your country and click on get started yellow button under an account for individuals.

3. On the next page, the Paypal account registration form will appear on your screen you need to fill the required information carefully.

4. Once you have filled your details, read the User Agreement that is hyperlinked.

5. Once you have finished with the reading user agreement, click on the yellow button that says Agree and Create an account.

6. On the next page a captcha will appear on your screen, enter that captcha in the given box and click on the continue yellow button.

7. On next page Paypal will ask you to enter your Debit/Credit card details, if you wish to link your card to your Paypal account, you may enter your card details and click on continue, if you don’t want to link your card with Paypal you can skip this step by clicking on go to my account under the continue button.

8. On the next page, link your Bank account with your Paypal account, you need to enter the following information:-

Your name that must match with your name on your PAN card name and your Bank account name.

Your bank full name.

NEFT IFSC code of your bank, if you don’t have an IFSC code of your bank you can find your code on here.

Your account number in bank.

9. Once you fill this information, click on the check box that says I would like this to be my auto withdrawal account. This will ensure that the money you received on your Paypal account will be automatically transferred to your bank account.

10. On last step you have to add Purpose code, select this according to your work.

Within seven days you will receive two small amounts credited to your bank account.

Check your bank statement or same bank account debit card statement, when you see them login to your Paypal account and enter those amounts and confirm your account.

Once you are done with the following steps, Your Paypal account and ready for use. Now you can use Paypal account for safe and fast transitions.

46 Comments

This is really a concise resource on how to open a Paypal account. I’m glad to join the community of Paypal users in the word. As the giant online payment service has extended their service to Nigeria and 9 other countries.

Should we sync our bank account with pan card to receive money from paypal to our account. I have my pan and bank account. I want to create a paypal account but my account is not linked with pan. Is it necessary to link pan card to our bank..Please reply

Hi Rahul ….khai ek question ..
Just recently I have created my PayPal account land I don’t have middle name and last name …so i gave my first name middle and last name as the same ..Eg ..Ajaj ..ajaj ..ajaj ..but my pan name and bank name perfectly match ..so can this same names will have any problem ??

Hey Sebasthi,
Most of the zip codes are 6 digits generally, my zip code is also 6 digits and Paypal accepted it. Maybe their is some technical issue with your Paypal account, i suggest you to go help section in Paypal and choose Email us and account section and send your problem to them.

im not india im Foreign and im a student in india now , and i dont have pan card , and i wont make payment in ebay.com by paypal ,, i opend paypal account already but i wait for Get Verified , and i see more talk about pan ,, what can i di now ?? i wont pay only by paypal i dont need to receive mony , only pay ,, please help me ,, thanks alot

As per my knowledge, Indian users can’t send money or pay using PayPal. But if you want to confirm go to help section in Paypal and choose Email us and account section and ask about your problem with PayPal team.

Hi Rahul bro . My name is Rohit and really like this article related to PayPal. It’s really useful and will help to those who want to open paypal account . Your step by step explanation is very clear and easy to understand. Keep it up.

Hey Rahul, I would like to create a PayPal account but in my pancard I don’t have a last name in the previous comment u asked to leave those field empty but it doesn’t work I think those fields are mandatory. If the field is empty I get a popup saying that some information is missing help me bro

Sir i wish to work for an online job nd it says payment would b through cheque or paypal or NEFT.. I dnt hv a pan card so as per ur given information i cnt withdraw the amount without pan card no..plz clarify me the rest two..also i would like to ask..is there any issue regarding income tax nd all..in these online jobs im nil abt it plz help me in making me undrstand the stuff…:-(

Respected Rahul sharma sir
Just recently i have created my payapal account land i don’t have middle name and last name so i gave my first name and last name the same. eg…prabhu R….prabhu R.. but my pan name and bank name perfectly match so can this same names will have any problem?

Should we sync our bank account with pan card to receive money from paypal to our account. I have my pan and bank account. I want to create a paypal account but my account is not linked with pan. Is it necessary to link pan card to our bank..Please reply